If you had invested: $1,000.00💵
Into JPM on 2023-04-26 📅
You would have made:
$303.52 🤑
Your Annual Rate of Return would be: 30.35% 📈
Total Increase: 30.35%📈
With that much money you could have bought:
0.7607 Playstation 5s
Summary
JP Morgan Chase & Co. (JPM) is a financial services company that was founded in 2000 through the merger of J.P. Morgan & Co. and Chase Manhattan Corporation. The company is headquartered in New York City and is one of the largest banks in the United States. It operates in four segments: Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management.
JPMorgan Chase was founded by John Pierpont Morgan, a financier and banker who played a key role in the development of the U.S. financial system in the late 19th and early 20th centuries. In 1995, Chase Manhattan Corporation merged with Chemical Bank, and in 2000, it merged with J.P. Morgan & Co. to form JPMorgan Chase.
The company's latest market offerings include a range of financial products and services for consumers, businesses, and governments. These include checking and savings accounts, credit cards, loans, mortgages, and investment products. JPMorgan Chase also offers financial services to corporations, including investment banking, market making, and treasury services. In addition, the company provides asset and wealth management services to high-net-worth individuals and institutions.
In the latest quarterly results, JPMorgan Chase reported strong financial performance. For the third quarter of 2021, the company reported net income of $9.4 billion, up 10% from the same period a year ago. The company's consumer banking segment saw a 12% increase in net income, driven by growth in mortgage banking and credit card revenues. The corporate and investment bank also saw a 13% increase in net income, driven by strong performance in the equities and fixed income businesses. Overall, the company's results were driven by strong performance across its businesses and a favorable economic environment.
In summary, JPMorgan Chase is a leading financial services company that offers a wide range of products and services to consumers, businesses, and governments. The company has a long history dating back to the 19th century and has consistently reported strong financial results in recent quarters.
Background
JPMorgan Chase & Co, located at 383 madison avenue, new york, ny, us specializes in the national commercial banks industry. It is currently listed on the exchange NYSE in the country USA.
The company's last annual earnings report on 2022-09-30 showed that it had reached a market capitalization of 392,580,200,000 $.
If someone had invested $100 in JPMorgan Chase & Co 10 years ago, their investment would be worth roughly $308.84 today, according to If You Had Invested
If you had invested...
The stock price is a reflection of the company's performance, market value, profitability and growth rate and for JPM, its stock has been phenomenal. If you had invested $1,000 in JPMorgan Chase & Co 1 year ago and held onto your investment until today , here's what would have happened:
Your investment would now be worth roughly $1303.52 today.
Financials
If you are looking for a company with a good dividend yield then JPMorgan Chase & Co has a dividend yield of 0.0302 making it a good dividend company to invest in. If you are going to buy some JPM stock for dividends make sure you buy before 2022-10-05
In terms of growth JPMorgan Chase & Co has had a turn for the worst with a Quarterly Earnings growth rate of -0.166. At the same time revenue growth has been to the moon with a rate of 0.
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